Fairburn, GA 30213,123 Summerwood Drive
Fairburn, GA 30213,123 Summerwood Drive
Fairburn, GA 30213,123 Summerwood Drive
Fairburn, GA 30213,123 Summerwood Drive
Fairburn, GA 30213,123 Summerwood Drive
Fairburn, GA 30213,123 Summerwood Drive
See all 35 photos

$225,000

$199,900

12.6%
Est.Price: ?

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Est. payment /mo

0.37 Acres Lot


SOLD DATE : 05/05/2022

Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Summerwood

MLS Listing ID 7023828

Sold Date 05/05/22

Construction Status Resale

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,345

Tax Year 2020

Lot Size 0.370 Acres

Acres 0.37

Property Description

*Back on Market, Buyers Financing Fell Through***A FABULOUS Income Producing Duplex! Starting 4/1/2022 the total monthly income for the property is $1840. Unit #123 has had the same tenant for 13 years, and is paying $700 a month. Unit #125 is under the Housing Authority and as of April 1 the Housing Authority has increased the rent to $1140, this tenant has been in place for 5 years! These are 2 bedroom, 1 bath units. The roof is approximately 5 years old (replaced in 2018). If/when the tenants move out the units will definitely need carpet & paint. There is property management in place and has a great relationship with the tenants. The current property manager would love the opportunity to stay in place and have a chance to earn your business! The tenants allowed photos to be taken so potential buyers could see the units before submitting anything so please review all photos, run your numbers and then submit your Highest and Best offer. Do NOT bother the tenants, an inspection will be allowed during due diligence only. . Please submit all offer with proof of funds by Wednesday April 20th at 11am. **Anyone who previously submitted an offer please re-submit if still interested with an updated approval letter reflecting the interest rate increase. We will NOT accept any offer without an updated letter AND a conversation with the lender to prevent another unexpected surprise**

Location

State GA

County Fulton

Lake Name None

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Vinyl

Window Features None

Exterior

Garage Level Driveway

Fence None

Community Features Near Schools, Other

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Other

Roof Type Other

Accessibility None

Handicap Access None

Total Parking Spaces 2

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Other

New Construction No

Construction Status Resale

Schools

Elementary Schools Campbell

Middle Schools Renaissance

High Schools Langston Hughes

Others

Senior Community no

Tax ID 09F171300660192

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Atl Partners
Bought with DreamHomeToday.net
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